AURORA(SH:600666)2018-04-27 16:00Financial Performance - Operating revenue for the reporting period was approximately CNY 325.62 million, representing a year-on-year increase of 43.47%[6] - Net profit attributable to shareholders of the listed company was approximately CNY 52.83 million, an increase of 11.49% compared to the same period last year[6] - Basic earnings per share decreased by 33.33% to CNY 0.04, compared to CNY 0.06 in the previous year[6] - The weighted average return on net assets increased by 9.34 percentage points to 1.99%[6] - Non-recurring gains and losses totaled approximately CNY 21.38 million for the reporting period[9] - Operating revenue increased by ¥98,651,988.19, representing a growth of 43.47% driven by higher sales of sapphire products and grinding equipment[13] - Operating costs rose by ¥80,178,623.20, an increase of 47.43%, in line with the growth in operating revenue[13] - Financial expenses increased by ¥5,453,423.89, a rise of 39.12%, attributed to higher interest rates and increased loan balances[13] - The net profit attributable to the parent company's shareholders for Q1 2018 was ¥52,825,410.13, an increase from ¥47,382,435.40 in the same period last year, representing a growth of approximately 9.2%[27] - The total comprehensive income for Q1 2018 was ¥52,777,893.41, compared to ¥47,460,112.99 in the previous year, indicating an increase of about 11.8%[27] Cash Flow - The net cash flow from operating activities was approximately CNY 31.34 million, a significant decrease of 72.05% year-on-year[6] - Cash received from customers decreased by ¥97,441,995.53, a decline of 32.20%, indicating a drop in cash collection[14] - Cash paid for purchasing goods and services increased by ¥28,468,607.51, a rise of 50.78%, due to higher procurement costs[14] - Cash paid for taxes decreased by ¥111,594,857.19, a significant reduction of 89.23%, reflecting lower tax payments[14] - The operating revenue for Q1 2018 was not explicitly stated, but the net cash flow from operating activities was ¥31,341,294.14, down from ¥112,140,328.22 in the previous year, a decline of approximately 72%[31] - The company received cash from operating activities totaling ¥239,822,276.66 in Q1 2018, down from ¥363,303,255.67 in the same period last year, a decrease of approximately 34.1%[31] - Net cash flow from operating activities was $398,181.63, a decrease from $1,055,118.10 year-over-year[35] - Total cash inflow from operating activities amounted to $56,011,698.52, while cash outflow was $54,956,580.42, resulting in a net cash inflow of $1,055,118.10[35] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 6.60 billion, a decrease of 0.78% compared to the end of the previous year[6] - Net assets attributable to shareholders of the listed company increased by 2.00% to approximately CNY 2.69 billion[6] - Total assets amounted to ¥6,596,940,381.23, a slight decrease from ¥6,648,824,773.25 at the beginning of the year[18] - Current liabilities decreased, with accounts payable at ¥586,442,161.58, an increase from ¥528,945,066.87 at the beginning of the year[18] - The company reported a significant reduction in asset impairment losses by ¥13,709,995.71, a decrease of 98.92% compared to the previous period[13] Shareholder Information - The company had a total of 72,279 shareholders at the end of the reporting period[11] - The top shareholder, Zuo Hongbo, held 19.00% of the shares, amounting to 233,223,515 shares[11] Future Outlook - The company is focusing on expanding its market presence and developing new technologies to enhance its product offerings[24] - Future guidance indicates a continued emphasis on cost management and operational efficiency to improve profitability[24] Miscellaneous - The company did not report any significant new product launches or market expansions during this quarter[36]